On Bank nifty(spot), 5 minute chart I have market important Support and Resistance and few trend line as shown in video.
As per sgx nifty level we are expecting gap down opening today in our market. Which means bank nifty may open around 21500-21650.
1st possible scenario,If bank nifty able to break 21450 support then we can see fall up to 21240, 21040.
2nd possible scenario if bank nifty able to sustain above 21850 then we can expect 22040, 22170 levels upside.
You can see investing.com chart of bank nifty by clicking bank nifty image.